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Close Brothers & Company Land Contract #1563: John O. Doty, Graham County, Kansas

TWENTY-YEAR CONTRACT.—(Kansas.)
/<A%&
_-_\is ^gresmsnt, made m_JLCzyp^yiy^___i77^iz^ dayof....-T^_______v646___r..
. in the
year _88._^7.
of the first part, and
of..
between *"U-'*M AUSTIN, EDWARD FORD NORTH AND R03F.RT EDWARD BATEMAN,
LZSLLLAPL.,JPtPi.
A
..County of..
___7y7l7z_7.._...____T. .....State of. __W____?__-.
, _pf the'second part, WITNESSETH: That in consideration of the stipulations herein contained, and the payments to be made as is herein
,,r>\~\ —___
'specified, the first party hereby agrees to sell to the second party the rrrrrr. .TTTnrrr .y..___-rr_ 7777
aH?..:7A_ ;J~' .._... —of Section 7_A7.. in Tov-iship.-/.^.... a."5_^__4*.-4-*A, of Range....___-__
section
West of'the sixth Principal Meridian, situate in the County oi .ZZ7-_-__-&*y{A*A_4yAy
according to the United States survey, ...____-________<5_____r..-_^^
.7^_Piy__lz7iy!-*ytyl^
on which said second party has paid the sum of.
And the said second party, in consideration of the premises, hereby agrees to
_and State of Kansas, containing,
7 acres, be the same more or less,
.1 lobars.
t* said first party, at the office of Close Bros. & Co.,
J at Chicago, lllinois._/^_____<_^. .®..f_^
,m th^^^^^^5p^-__.^_?_:2...da
tAAnypzAAf. Alyyl _}^.k__\A. day of
iSS.if".., and a like sum on the
ir/each and every year thereafter until
and including the year '.-—__WltPL_S<P..Zy...Z. ~ , mikinF"il all twenty yearly payjnj/nts; and further, that be will regularly
and seasonably pay said sums of moiU_A' specified, as each of thdWm(Aj|_econl:s due, an* ll/al he will regularly and seasonably pay all such
taxes and assessments as may be lawfully imposed upon said [ftemi/es. li'lsaid pantJ of tie second part fails to pay tbe said taxes and
assessments before the samtopepjije delinquent, the first party inttt pay such taxes a/d aksessnfcnts, and the amount or amounts so paid shall
be immediately due from tW s/cond party as part of tlie.purcj/assimoney of saidXland, alid shall draw interest at the rate of seven per cent,
per annum until paid; Inst tl/e payment of any tax b^the^hfst party- flpa_/\iot |]e\i\waive| of the forfeiture or the right to declare or enforce
the forfeiture for the noVWyment by said aOikind pa
And in case thfisg/id second party,/
'punctually, and \ft tljtp several ti
all and singular l\b^ agrey_i|nents an
.ids
HCSSllliiils,
or for an\" other default.
representalivf)7_Jrl../7_^V7^r^'..assigns, shall pay the several sums of money aforesaid
each and every yen/ during said twenty years, and shall strictly and literally perform
; aforesaid, accordipg^q their true tenor and intent, then, without further payment of any
party, ____________'_tae_rs,or assigns (upon request at the office of Close Bros. & Co., at Chicago,
rjake I
of/liil contract), a warranty deed, conveying said premises in fee simple, excepting, however, from covenants of
ice/ as may be placed thereon by the location of public highways, railroads, or other public use, or from taxes
te of this contract, or that may attach thereto by reason of some act or thing done or suffered by the party of
rty will
Jthe surrenc
nch incumbr
Kg due after t
ecbnd part
At any time priori tp the expiration of said twenty years, the purchaser may, if he so elects, obtain a warranty deed of said
premises on payment of llUprincipal sum of. TZZl^t-P. 71y,yy__Ayrri__A__^.._AO TTT-Dolla, -s.
with interest thereon at tbe\rhte of seven per cent, per annum from and after date hereof; in which event, all yearly payments previously made
as aforesaid shall be applied in discharge of said sevpn percent, interest, and the surplus credited as part payment of y\&_7ZlA,-AypA*r^r___
.y7^y^At__^dyP_P_tl(_^A^^ /Dollars, as of date of final payment.
But in case the second party shall fail to make the payments aforesaid, or any of them, punctually, and upon the strict terms and
times above limited, and likewise to perform and complete all and each of the agreements and stipulations aforesaid, strictly and literally,
without any failure or default, the time of payment being the essence of this contract, then the party of the first part shall have the right to
declare this contract null and void, and all right and interest hereby created or then existing in favor of the second party, or derived under
this contract, shall utterly cease and determine, and the premises hereby contracted shall revert to and revest in said first party (without any
declaration of forfeiture or act of re-entry, or without any other act by said first party to be performed, and without any light of said
secon.l party of reclamation or compensation for moneys paid and improvements made), as absolutely, fully and perfectly as if this contract
had never been made. And if, in case of default of any of the conditions or payments above mentioned, the party of the first part shall
commence any action or legal proceedings, either to enforce the forfeiture or foreclose the interest of the party of the second part, or collect
the amount due thereon, or to obtain possession of said premises, or restrain the removal of any improvements therefrom, the said party of
the second part hereby agrees to pay a reasonable attorney's fee for the commencement or prosecution of such action, and the same shall be
assessed and taxed by the court, and the party of the first part shall have judgment therefor, to be paid or collected the same as the purchase
price of the land.
And it is further stipulated that no assignment of the premises shall be valid unless the same shall be endorsed hereon, or permanently
attached hereto, and countersigned by the first party (for which purpose this contract must be sent to the office of Close Bros. & Co.,
t to tlie o
\71l_p__
Chicago,, Illinois), and that, no agreements or conditions or relations between the second party and...^C^W^....assigns, or any other person
acquiring title or interest from or through __AzAAA.ih.x.\\ preclude the first party from the right to convey the premises to said second
party or_._/LA-<.-..assigns, on the surrender of this agreement and the payment of the unpaid portion of the purchase money which may be
due to tbe first party.
In witness whereof the parties hereto have hereunto set their bands the day and year first above written.
*__.^WvcvO-. __A_^A.^
Execution by first party witnessed by:
1fc&<z*& 5 _a& ~%*y&*„
Execution by second party witnessed by:
-_\_^VV.- __Iak>--\&< S-OWAUO-...
^._u__*__+*^.l(*^lUaw \rr6--44_heir Attorney in Fact.
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